"There's no recession coming. The pessimistas were wrong. It's not
going to happen. . . . The Bush boom is alive and well. It's finishing
up its sixth consecutive year with more to come. Yes, it's still the
greatest story never told." --Kudlow, December 2007
"Recessions are part of capitalism. They happen every so often. We’ve had two in the last 25 years. And it looks like we are entering a third one after today’s jobs-loss report. ... As a guess, the recession began in November or December." --Kudlow, April 2008